Oracle s Agile Enterprise Product Lifecycle Management for the Product Value Chain Addressing the Challenges of Product-Oriented Businesses
Enterprise Product Lifecycle Management as a Strategic Initiative 2 Introducing Oracle s Agile Product Lifecycle Management
Enterprise Product Lifecycle Management (PLM) is a strategic approach to managing the entire lifecycle of a product, from the ideation phase of initial requirements-gathering through to design, prototyping, certification, production, customization, service, recycling, and retirement. Enterprise PLM is much more than a technology solution. It represents a new, strategic approach to the product value chain that emphasizes process efficiency, crossfunctional collaboration, rapid innovation, rigorous quality control, risk mitigation, and cost-effectiveness. Adopting an Enterprise PLM approach can help you: Drive innovation strategies Reduce operational and product costs Improve product quality Speed time to market Develop a leaner, more efficient value chain Simplify compliance Increase profitability Enhance insight and improve decision-making 3
Innovation Challenges and Enterprise Product Lifecycle Management 4 CHALLENGES FOR PRODUCT- ORIENTED BUSINESSES With new complexity in design and supply chains, global competition, custom requirements, market fluctuations and industry regulations, productoriented businesses face unique challenges. To sustain competitiveness, they strive to build organizations that are innovative and efficient while also ensuring product quality, traceability and safety for their customers. However, profitability is commonly prohibited by fragmented processes, and any weak points that cause delays, unexpected costs, or noncompliance issues may be devastating. A new, streamlined approach to managing the product lifecycle is needed. Oracle s Enterprise PLM Solutions Oracle s Agile PLM is a worldclass suite of Enterprise PLM software solutions that provides a single product record for complete, integrated product lifecycle management.
Oracle s Agile PLM solutions can help you: Accelerate innovation through ideation management and collaboration, product portfolio management and analytics, data consolidation and cleansing, and a rich enterprise product record Design for supply with product cost management, outsourced/ insourced manufacturing and product collaboration, product supply risk analytics, and spend consolidation Commercialize faster through integrated portfolio and business planning, enterprise quality management and analytics, and accurate and clean product data publishing Align your value chain to sustain a nimble global product network through common goals and metrics with real-time collaboration and visibility. 5
Oracle s Agile Product Lifecycle Management and Product Value Chain Solutions 6 Oracle s Agile PLM is a comprehensive suite of solutions. Solution families: Agile Product Lifecycle Management applications help accelerate product innovation and maximize profitability through the robust management of the global product network. Agile Product Lifecycle Management for Process applications enable companies in process-related industries to get new products to market faster, manage suppliers, comply with regulatory requirements, lower costs, and reduce risks.
Oracle Product Information Management includes Product Data Hub, an enterprise data management solution that enables the centralization of product information, and Enterprise Data Quality, for measuring, improving, and managing the quality of data. Oracle Product Lifecycle Analytics compiles product data into easily-read and quicklyaccessed reports and executive dashboards, empowering decisionmakers at all business levels with ready access to accurate, actionable product information. 7 DISPOSAL IDEATION SERVICE & SUPPORT PRODUCTION Product Cost Materials & Equipment Product Quality Product Governance Compliance Recipe Management Product Data Hub ENTERPRISE PRODUCT RECORD Enterprise Data Quality Variant Management Product Collaboration Customer Needs Pedigree/ Serialisation Management Engineering Collaboration Enterprise Visualization DESIGN DEVELOP Product Portfolio Management LAUNCH Product Lifecycle Analytics PROTOTYPE & PILOT
Accelerate Innovation 8 More than 70% of companies see innovation as the numberone factor in competitiveness. * Oracle Agile PLM solutions help enterprises improve ideation management and streamline product development with a collaboration hub, process acceleration, and portfolio management all tied securely into the product record. With Oracle s Agile PLM, you can identify the right products and deliver them efficiently at the right time and to the right markets, with real-time idea capture and response, the ability to design for x, and enhanced decision-making throughout the product lifecycle. Using Oracle s Agile PLM, you can: Capture innovation and align strategic goals Regulate investments Measure returns and enhance decision-making Accelerate time to market Improve product quality and customer satisfaction
Product failures are not necessarily a result of bad ideas they are a result of suboptimal decisions. Joe Barkai, Research Vice President, IDC Manufacturing Insights 9 JDSU Focuses on Innovation with Help from Oracle s Agile PLM *From the Competing for Growth reports by Ernst & Young, 2010 & 2011
Ensure Quality and Compliance 10 The quality of your product can be a deciding factor in driving sales, and, more importantly, compliance can determine if your products are even allowed to enter the market. When your competitive advantage is at stake, you need to know you can rely on the tools you use to ensure quality and compliance. Oracle s Agile PLM provides the visibility in your enterprise product record that is essential to lowering costs, boosting customer satisfaction, improving operations, minimizing risk, and enriching your brand. With Oracle s Agile PLM, you can: Protect brand integrity and simplify compliance Rapidly identify and respond to quality concerns Reduce warranty costs and product recalls Establish enterprise-wide quality management
Stryker, one of the world s leading medical technology companies, cut change cycle times by 60% and improved first-pass yield by 80% with Oracle s Agile PLM. 11 Medtronic Enhances Collaboration with Oracle Agile PLM
Commercialize Rapidly 12 Oracle s time-to-value-focused implementations are designed to optimize processes at every stage of the product lifecycle, helping enterprises drive innovation, improve profitability and commercialize rapidly. Through integrated portfolio and business planning, advanced quality management and analytics, data consolidation and cleansing, and product data publishing that integrates fully with other product value chain management solutions, Oracle can help you: Increase profitability and market share Design, build and launch products at the right time Streamline configure-to-order processes Simplify the management of complex products
See how Market America dramatically improved product data quality, site search and customer satisfaction with Oracle s Product Value Chain solutions. 13
Align the Product Value Chain 14 Controlling your product lifecycle management on multiple or aging systems can be costly and time-consuming, with manual data entry, development costs, and lengthy time to market eroding potential profitability. Oracle s Agile PLM allows you to integrate and standardize product lifecycle processes and improve alignment throughout the extended enterprise, enabling real-time collaboration and visibility to help you: Create a single version of truth for product information Standardize processes and centralize access to product records Consolidate design-specification management and access Integrate PLM processes throughout the supply chain Cut time to update from CAD to ERP
Bal Seal Engineering, Inc., a global provider of custom engineered sealing, connecting, conducting, and shielding solutions, accelerated the Engineering Change Order process from five days to one while minimizing errors with Oracle s Agile PLM. 15 See how Alcatel-Lucent used Oracle s Agile PLM
Industry-Specific Solutions 16 Oracle s Agile PLM provides solutions for the specific demands of individual industries, including: Hi-Tech Electronics Zebra Technologies reduced ECO time by 50% and improved user efficiency by 20%. Industrial Manufacturing Diversey saved US$3.4 million annually with an expectation to achieve even greater cost savings by unifying product and project portfolios with Agile PLM applications. Medical Devices Using Oracle s Agile PLM solutions, Stryker managed to cut change cycle time by 50%. Pharmaceutical Oracle s Agile PLM helped USANA Health Sciences realize a 40% reduction in time to market.
Food and Beverage Tyson saw a 50% reduction in spec creation time using Oracle s Agile PLM solutions. Consumer Packaged Goods Master Lock implemented Oracle s Agile PLM to reduce design to release cycle time by 17%. To learn more about Oracle s Agile Enterprise Product Lifecycle Management for the Product Value Chain, click here. At Oracle, we deliver a lifecycle of services to help you implement and optimize your Oracle solution by leveraging best practices and by offering our experience in helping thousands of customers succeed. Click here to learn more. 17 Retail 7-Eleven provided 7,000 stores access to key product data with access to Oracle s Product Value Chain solutions.